FDIC MAKES PUBLIC JULY 1998 ENFORCEMENT ACTIONS;
NO ADMINISTRATIVE HEARINGS SCHEDULED FOR SEPTEMBER

FOR IMMEDIATE RELEASEPR-59-98 (8-31-98)

Media Contact:DaSvid Barr (202) 898-6992

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in July. No administrative hearings are scheduled for September.

The FDIC processed a total of 12 orders in July. These included one cease-and-desist order, three removal and prohibition orders, three terminations of cease-and-desist orders, one adjudicated decision and four call report penalties.

Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. (telephone (703) 562-2200 or 800-276-6003). A list of orders made public today follows.

Security State Bank, Fort Scott, KS; FDIC-89-105e; decision and order denying application to modify order of removal from office and prohibition from further participation against Steven N. Buerge; Issued 7/14/98

Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 10,779 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed.

FDIC press releases and other information are available on the Internet via the World Wide Web at www.fdic.gov and
may also be obtained through the FDIC's Public Information Center (800-276-6003 or (703) 562-2200).